BTC - Strong Retracement Incoming!
The New Gold Bitcoin,
Made a very hard push to the upside, trapping a lot of bullish buyers over the weekend.
Braking its previous highs and even making a brakeout of its consolidation zone.
Bullish wedged in these cases are very often traps, just going in to collect al the stoplosses and
buy orders, with a massive hard strong retracement to knock out everybody that went long.
Be aware that these areas in the market are very difficult if not, impossible to trade because there
is no previous history to map out.
Trade with care or wait for the correction and act then.
Trade safe & stay healthy!
Vertex
Made a very hard push to the upside, trapping a lot of bullish buyers over the weekend.
Braking its previous highs and even making a brakeout of its consolidation zone.
Bullish wedged in these cases are very often traps, just going in to collect al the stoplosses and
buy orders, with a massive hard strong retracement to knock out everybody that went long.
Be aware that these areas in the market are very difficult if not, impossible to trade because there
is no previous history to map out.
Trade with care or wait for the correction and act then.
Trade safe & stay healthy!
Vertex
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